Technical Insurance Knowledge and Skills

Liability Insurance - Introduction (BROKER ACADEMY)

Workshop Objectives

Delegates who successfully complete this workshop will be able to:

• identify the main types of Liability Insurance and why businesses require them

• describe how liabilities arise under common law, contract and statute

• explain the policy cover provided by Employers’ Liability, Public Liability and Products Liability policies

• apply the terms and conditions of a combined Liability Insurance policy to various claims

• outline the basic elements of liability underwriting

• explain the difference between legal liability and policy liability

• list some recent legal and social trends which have impacted on Liability Insurance

Workshop Content

• The Need for Liability Insurance

• The Main Sources of Liability

• The Main Provisions of Cover and the Main Hazards Encountered

• Overview of the UK Legal System

• How Civil Liability can Attach through Common Law/Tort, Contract or Statute, including a Detailed Overview of the Key Torts (Negligence, Nuisance, Trespass, Defamation and Strict Liability)

• Typical Policy Structure, Covers, Conditions and Restrictions

• The Basic Elements of Underwriting Considerations

• Overview of the Claims process Explaining the Fundamental Difference between Legal Liability and Policy Liability

• Overview of Recent Legal and Social Trends that have Impacted on Liability Insurance

Duration: 1 day(s).  Level: Introduction

• Essentials of Management
• Open Training Workshops
• FAQs
• Links
• Legals